Product Updates: Aug 21, 2025
Last updated August 24, 2025
Funding Sources
Manual Allocation Split
Loan transactions can now be manually split across multiple funding sources. This gives you more granular control over how disbursements and repayments are allocated.
Unreconciled Balance View
We’ve added a consolidated view to help identify unreconciled balances. Easily spot over-allocated or unallocated payments between loans and funding sources to resolve mismatches faster.
Multi-Owner Support for Loans and Equity
You can now assign multiple owners to loans and equity positions. This update supports more complex ownership structures and improves the accuracy of allocations and reporting.
New Manual Override Imports
New imports allow more flexibility when adjusting schedules and baselines. The following overrides are now available:
- Loan OID Values Override
- Loan Aging Baseline Override
- Loan Schedule Override
- Funding Source Schedule Override
- Funding Source OID Values Override
Loan Terms Enhancements
- Support for Minimum Balance for Interest Accrual – If the borrower’s average outstanding principal during an accrual period falls below the required minimum balance, the system ensures interest is still accrued as if the minimum balance had been maintained. In practice, this means the system compares (a) the interest that would have accrued on the minimum balance to (b) the actual accrued interest on the lower balance, and then charges the shortfall as additional interest.
- Support for Interest Float – When principal is repaid, the system applies an additional interest charge to account for float. This charge is the greater of: (a) X days of interest calculated on the repaid principal, or (b) the interest charged based on the minimum balance interest
Side Navigation Redesign
We’ve streamlined the navigation for better usability:
- Global Search action on the top (or CTRL/CMD + K).
- Notifications, Profile, and Logout are grouped into a dedicated inner section.
- Bulk Actions are now located in the Portfolio section.
Statements
Users can now open the statement without the need to download it first.
Workflows
Workflow search has been improved to support Loan, Client, Broker, and Equity lookups.
Suggested image: Workflow search bar showing results filtered by Loan.